Closing Market Report 1/3/23- Markets Start the New Year Lower


Markets started 2023 off on the wrong foot with a “risk-off” day across commodities. Soybeans, soybean meal and wheat saw the most pressure on the day with livestock down moderately across cattle and hogs. A sharply higher U.S. dollar was one of the culprits of the lower market trade across commodities.

Farm and Ranch Director Jesse Allen has our closing report:

Also, more analysis with Brian Splitt of and Jesse Allen on today’s Market Talk below: